General Electric (NYSE: GE) reported fourth-quarter 2021 financial results before the regular market hours on Tuesday. The industrial conglomerate reported Q4 revenue of $20.3 billion, down 3% year-over-year and lower than the Wall Street projection. Net income of $0.92 per share was, meanwhile, above the target that analysts had anticipated.
GE shares were down almost 2% immediately following the announcement. The stock has gained 10% over the trailing 12 months.